Rs 1.2 trillion investment in roads and highways; extension of 3.17 lakh km of rural roads; 35,000 km highway construction under Bharatmala Pariyojana scheme- it seems that there is a lot slated to happen in the coming years in rural roads and highways.

The upswing in construction equipment market in the last two years has created new opportunities for equipment finance market. Leading finance players are keen on the growing trend of the infrastructure market in India that has helped the construction equipment market for a turnaround after a rough patch till 2016.

We are the leading financiers in the construction, mining, and allied equipment (CME) sector in India for fiscal 2017 (Source: Feedback Analysis). This sector primarily consists of equipment used for earthmoving and mining, concreting, road building, material handling, material processing and allied activities.

The global light and compact equipment manufacturer Wacker Neuson reported a significant rise in revenue and earnings for 2017 compared to the previous year and was able to achieve the goals set by the company.

Personal safety is of utmost importance at any construction site. Respiratory hazards, hearing hazards and falling hazards are the common safety risks involved with workers at construction sites. K Nandakumar explains more on these safety risks and solutions offered by 3M India.

In 2017, 12,766 machines have been sold in the Italian market, with a growth of 15 per cent compared to 2016. Earthmoving machines sold were 12,275, up 15 per cent on a year-on-year basis, while road equipment grew by 5 per cent, with 491 units.

Construction equipment use all types of transmission systems. These will include transmissions for traction of the construction equipment like wheel and track drives, in addition to transmissions that are used for operations like slewing, hoisting and other such critical functions.